Grail (GRAL) Tax Rate (2023 - 2026)
Grail's (GRAL) quarterly Tax Rate came in at 26.93% in Q1 2026, down 53.0% YoY from 57.29% in Q1 2025, and up 80.91% on a QoQ basis from 14.88% in Q4 2025.
Grail (GRAL) Tax Rate (2023 - 2026) Analysis & Trends
Grail (GRAL) has 4 years of Tax Rate data on file, last reported at 26.93% in Q1 2026.
- Quarterly Tax Rate fell 53.0% year-over-year to 26.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.33% (up 1517.0% YoY) and the FY2025 annual result came in at 23.6%, up 1734.0% from the prior year.
- Tax Rate rose to 26.93% in Q1 2026, from 14.88% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 27.46% in Q1 2025 to a low of 2.04% in Q4 2023.
- A 4-year average of 15.49% and a median of 19.23% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate surged 2505 bps — and 2025, when it slumped 868 bps.
- Tracing GRAL's Tax Rate over 4 years: stood at 2.85% in 2023, then surged by 727 bps to 23.57% in 2024, then slumped by 37 bps to 14.88% in 2025, then jumped by 81 bps to 26.93% in 2026.
- The last three Tax Rate figures came in at 26.93% (Q1 2026), 14.88% (Q4 2025), and 25.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 21.36% |
| 10 | Grail | 3.00 Bn | 2.17 Bn | 19.54 Mn | 26.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.93% |
| Mar 31, 2026 | 26.93% |
| Mar 31, 2026 | 26.93% |
| Dec 31, 2025 | 14.88% |
| Dec 31, 2025 | 14.88% |
| Dec 31, 2025 | 14.88% |
| Sep 30, 2025 | 25.05% |
| Sep 30, 2025 | 25.05% |
| Sep 30, 2025 | 25.05% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 27.46% |
| Mar 31, 2025 | 27.46% |
| Mar 31, 2025 | 27.46% |
| Dec 31, 2024 | 23.57% |
| Dec 31, 2024 | 23.57% |
| Dec 31, 2024 | 23.57% |
| Sep 30, 2024 | 27.10% |
| Sep 30, 2024 | 27.10% |